The biggest risk in the currency circle is here! PPI completely exploded the market, and giant whales frantically reduced their positions! BTC enters a life and death situation! Can you still hold on to 75,000? #crypto #btc #Bitcoin #Ethereum #eth #Bitcoin market analysis #sol #investing

Original author：Tiffany数字交易

Original source：https://www.youtube.com/embed/uVh4-PbWgy4

Currently, Bitcoin as a whole has entered a typical high-level weak adjustment (Bearish Pullback Structure). After BTC fell below $79,000, it dropped to a minimum of around $78,700. Short-term market sentiment has obviously weakened. At the same time, the trend of Ethereum is even weaker: ETH fell below 2300, the key position touched as low as 2233, and clearly entered the short suppression structure 📊The core logic of the current market: 1️⃣ Large-scale withdrawal of ETF funds (core risk) BTC spot ETF single-day net outflow: more than 630 million U.S. dollars, including: BlackRock IBIT: outflow of 285 million U.S. dollars ARKB: outflow of 177 million U.S. dollars Fidelity FBTC: outflow of 133 million U.S. dollars👉 The three major institutions simultaneously reduced their positions: Typical: "Systematic De-risking" 2️⃣ Synchronous outflow of ETH funds ETH ETF single-day net outflow: US$36.3 million, including: ETHA outflow of US$21.1 million Fidelity ETH product outflow of US$14 million Description: The current market risk appetite has dropped significantly. 3️⃣ PPI exceeded expectations (macro negative) US PPI in April was higher than expected: 👉 Market re-pricing: Risk asset valuation on the path of the Federal Reserve interest rate cut Crypto market liquidity means: “Higher for Longer” (Higher interest rates will be maintained longer) 4️⃣ Stablecoin funds have not left the market (key point) Although BTC/ETH funds have flowed out: But: USDT net inflow of 33 million USD USDC net inflow of 32 million USD Description: Funds are only a temporary hedging. He has not completely left the currency circle. 👉 Belongs to: "Risk-off Rotation (Risk-off Rotation)" 5️⃣ The Clarity Act has become the biggest variable. The market is currently waiting for: 10:30 ET Clarity Act review results, which may determine: Stable currency regulation Coinbase model USDC income logic The regulatory boundary of the encryption industry is typical: "Policy-driven Market" 📌Technical focus BTC key positions: Current support: 78,700 Strong support: 75,000–76,500 Pressure: 80,000–81,000 ETH key positions: Support: 2180–2200 Pressure: 2300 🎯Current trading strategy✅ Reduce positions and wait and see✅ Wait for the weekly return target✅ Wait for the bill result to be implemented❌ Don’t blindly buy the bottom❌ Don’t heavy position to catch the flying knife💥Summary in one sentence: 👉 The current market is not a bull market correction, but a high-risk stage under "macro negative + institutional reduction of positions".